Word: montagu
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Dates: during 1920-1929
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Silent for many a week of the Bank of England's discount rate (TIME, Aug. 19), Governor Montagu Collet Norman last week sent a uniformed messenger scurrying through the bank's corridors, bearing over his head a sign: "BANK RATE...
...charter received cable-grams from Governor Émile Moreau of the Bank of France. In the case of the Allied Powers, M. Moreau was told whom to invite by the governors of the respective banks of issue who all chose financiers from within their own organizations. Thus keen, patrician Montagu Collet Nor:nan, Governor of the Bank of England, chose a famed member of its board, Sir Charles Stewart Addis, sire of six sons, seven daughters. A leading director, of the great Peninsular & Oriental Steam Navigation Co., Sir Charles has interests throughout ; Asia, is chairman of :the Hongkong & Shanghai Bank...
...cap?a sort of financial Queen Victoria. Her age is 235. In the bustling City of London she has been affectionately called for generations "The Old Lady of Threadneedle Street." In all her life she has never kept a favorite as long as the nine years she has kept Montagu Collet Norman. Courtier Norman was defending his Old Lady against concerted attacks on her gold reserve?especially against the attacks of ungallant Neighbor France...
...Bank of England, in his quiet sanctum, Montagu Collet Norman sat one morning last week, and probably he stroked in anxious meditation his courtly Vandyke beard. Invisibly the battle of gold was on. It was a question whether to call out the ordinary reserves?whether to raise the rediscount rate of the Bank of England...
After lunch Mum Scot MacDonald sat down to an even more closely hushed conference with Governor of the Bank of England Montagu Collet Norman and Wall Street's dynamic, cosmopolitan Thomas William Lamont...